Pimco California Municipal Income Fund
PCQ
19 hedge funds and large institutions have $15.1M invested in Pimco California Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
0.49% less ownership
Funds ownership: 5.74% → 5.25% (-0.49%)
5% less funds holding
Funds holding: 20 → 19 (-1)
9% less capital invested
Capital invested by funds: $16.7M → $15.1M (-$1.56M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$142K |
| 2 |
AIG
American International Group
New York
|
+$126K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$78.9K |
| 4 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
+$54.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$759K |
| 2 |
LPL Financial
San Diego,
California
|
-$413K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$306K |
| 4 |
CNB
City National Bank
Beverly Hills,
Delaware
|
-$286K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$68.8K |
PCQ Hedge Fund Activity: Q1 2015 in Review
19 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Pimco California Municipal Income Fund (PCQ) for Q1 2015, worth a combined $15.1M — down 9.4% from $16.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PCQ and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 7 added.
The largest buyer was Invesco, adding an estimated $142K. The largest seller was UBS Group, cutting an estimated $759K.
- 19 institutional investors held Pimco California Municipal Income Fund (PCQ) as of Q1 2015, down from 20 in Q4 2014.
- Funds reported $15.1M of Pimco California Municipal Income Fund stock for Q1 2015, down 9.4% quarter-over-quarter.
- 1 fund opened new Pimco California Municipal Income Fund positions in Q1 2015 and 2 closed out, a net change of -1 holder.
- The largest Pimco California Municipal Income Fund buyer in Q1 2015 was Invesco, an estimated $142K added.
- The largest Pimco California Municipal Income Fund seller in Q1 2015 was UBS Group, an estimated $759K sold.
Based on aggregated 13F filings for Q1 2015.